Blue Meridian Partners Donates $124 Million to HBCU Alliance

The President of Norfolk State University, Javaune Adams-Gaston, mentions that the institution frequently lacks the resources required for significant large-scale projects. (JEMAL COUNTESS/GETTY IMAGES FOR MIGHTY DREAM FORUM)

By: Gentel Sharrie

Donations are pouring in to transform 40 historically Black colleges and universities with the goal of supporting employment rates, enrollment, and graduation rates. This funding comes on the heels of a $75 million donation from Blue Meridian in 2020. Blue Meridian initially contributed funds at the start of the COVID-19 pandemic to cover operating costs while HBCU institutions were closed. South Carolina State University was among the first colleges to utilize these funds, investing in a customer relationship management platform to streamline enrollment and financial aid applications, a significant improvement over their previous manual processes.

It is important for sponsors to continue donating to HBCUs because during times of segregation and discrimination, these institutions provided African Americans with access to higher education when other establishments excluded them. HBCUs played a pivotal role in educating generations of Black individuals who subsequently became leaders, professionals, and advocates for these colleges. Historically Black Colleges have a longstanding tradition of delivering quality education and producing exceptional graduates. Despite frequently confronting limited resources and funding challenges, these institutions have consistently produced influential leaders, innovators, and scholars in various fields.

Students on the campus of Spelman College, a historically Black liberal arts college for women located in Atlanta. (Hyosub Shin/Atlanta Journal-Constitution/AP)

HBCUs have historically been pillars of support and empowerment within their communities. They have played a crucial role in uplifting marginalized communities by providing educational opportunities, scholarships, and resources for students who may face financial, social, or systemic barriers to education. HBCUs are important institutions that have played a vital role in providing access to education, preserving cultural heritage, nurturing academic excellence, supporting communities, promoting activism, and fostering diversity. They continue to be valuable contributors to society and the advancement of racial equality and with these donations the HBCUs will continue to rise to the top. 

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